# 2 bedroom terraced house for sale (PL1 4GR) ## Property Details | Key | Value | |-----|-------| | Address | 48 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH PL1 4GR | | Price | £270,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Last sold | £265,000 Mar 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 04/09/2035 - **Current heating cost:** £385/year - **Est. upgrade cost to C:** £9,000 ### Recommendations - U (£8,000 - £10,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0370-2185-5510-2205-6455) ## Description Lang Town and Country are delighted to present to the market this well-presented town house. The property is situated in the heart of the sought-after Mount Wise development just a short walk from Plymouth Sound with nearby attractions including the lovely Mount Wise Park, spectacular views from the Scott Memorial and walks alongside the River Tamar to Mutton Cove. A little further around from Mount Wise is Firestone Bay, Devils Point and the Royal William Yard. The Torpoint passenger/car ferry is also within easy walking distance providing access to the beautiful Rame Peninsula and all parts of Cornwall. Inside the Mount wise development there is a convenient Tesco Express and residents only use of the lovely Southern Gardens.  This beautifully updated two-bedroom property offers contemporary living in a prime Plymouth location. Immaculate throughout, the home has been tastefully modernised to an exceptional standard, offering a perfect blend of style, comfort, and functionality The ground floor welcomes you with a bright and spacious open-plan kitchen/living area, stretching the full length of the property. This stylish space is perfect for both entertaining and everyday living, with a modern fitted kitchen and seamless flow to the rear garden through double doors. A handy WC/utility room is also conveniently positioned off the entrance hall. Upstairs, the property features two generously sized double bedrooms. The principal bedroom benefits from a chic en-suite, while the second bedroom is served by a contemporary shower room. A useful landing cupboard provides additional storage. Don't miss the opportunity to make this home your own. **Agent Notes**: The development is run by a management company and there is a yearly charge for the maintenance and upkeep of the estate. The details of which should be confirmed by your solicitor.   ## Property Photos - ![Photo](/listings/photos/161785874/1517172) - ![Photo](/listings/photos/161785874/1517173) - ![Photo](/listings/photos/161785874/1517174) - ![Photo](/listings/photos/161785874/1517175) - ![Photo](/listings/photos/161785874/1517176) - ![Photo](/listings/photos/161785874/1517177) - ![Photo](/listings/photos/161785874/1517178) - ![Photo](/listings/photos/161785874/1517179) - ![Photo](/listings/photos/161785874/1517180) - ![Photo](/listings/photos/161785874/1517181) ## Floorplans - ![Floorplan 1](/listings/photos/161785874/1517182) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/161785874/1517183) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 48 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR | £265,000 | 20/03/2026 | Terraced | | 48 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR | £185,000 | 23/03/2018 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 16 MIZZEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GT | £390,000 | 09/01/2026 | Terraced | | 3 MIZZEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GT | £348,000 | 19/12/2025 | Terraced | | 8 PEMBROKE LANE, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GX | £225,000 | 08/12/2025 | Terraced | | [Same street] 22 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR | £104,000 | 28/11/2025 | Terraced | | 29 RAGLAN GARDENS, PLYMOUTH, CITY OF PLYMOUTH, PL1 4PZ | £165,000 | 25/08/2023 | Terraced | | 27 FLAGSTAFF WALK, PLYMOUTH, CITY OF PLYMOUTH, PL1 4SH | £340,000 | 14/11/2022 | Terraced | | 75 GEORGE STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 4HS | £211,000 | 10/08/2022 | Terraced | | 14 PEMBROKE LANE, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GX | £225,000 | 29/07/2022 | Terraced | | [Same street] 4 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR | £84,000 | 07/07/2022 | Terraced | | [Same street] 34 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR | £215,000 | 11/01/2022 | Terraced | | 10 PEMBROKE LANE, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GX | £192,000 | 17/12/2021 | Terraced | | [Same street] 38 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR | £221,100 | 15/12/2021 | Terraced | | 2 BEAGLE ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GS | £212,500 | 22/10/2021 | Terraced | **Street average:** £156,025 (4 sales) **Area average:** £256,500 (9 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £271,899 (42 Terraced, PL1, 2024–2026) - **Deviation:** -0.7% ## Rental Range *ONS Price Index of Private Rents (Plymouth). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £898/mo - **Realistic:** £998/mo - **Optimistic:** £1,098/mo ## 1% Rule - **Rent ratio:** 0.37% (weak for cashflow) - **Max investor price (0.8%):** £124,750 - **Target investor price (1%):** £99,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £3,375/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 37.4% - **10y growth:** 46.8% ## House Price Index (HM Land Registry) *Official index for City of Plymouth; Terraced series; as of May 2026.* - **1y growth (index):** 4.8% - **5y growth (index):** 26.1% - **10y growth (index):** 47.2% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)